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Starting October 1, 2015, business owners will be responsible for fraud liability if they don’t accept EMV cards. Here’s some background to get ready for the changes.

EMV cards will usher in big changes for many small businesses in the months to come. The payment cards, which stand for Europay, MasterCard and Visa—the original developers—provide greater fraud protection. On the one hand, switching systems can be expensive and might not be right for all business. On the other, business owners who don’t accept EMV cards must assume liability for counterfeit card transactions.

Jake Leonard is the managing owner and senior I.T. technician of Heartland Internet Media Networks, a broadcast media veteran of 10 years and a freelance journalist who contributes to many publications such as Radio World, Entrepreneur, Wired, BeforeItsNews.com and TheBlaze.